Decentralized finance aggregator 1inch has integrated its swap application programming interface directly into the Coinbase app.
Coinbase Expands DEX Capabilities Through 1inch Collaboration
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Enhancing Non-Custodial Trading for Coinbase Users
In a move to expand decentralized finance ( DeFi) accessibility, DeFi aggregator 1inch has integrated its Swap Application Programming Interface (API) directly into the Coinbase app. This collaboration is significant as it makes Coinbase 1inch’s most significant U.S.-based client to date, signaling a growing institutional embrace of on-chain trading technologies.
The launch follows Coinbase’s recent introduction of a decentralized exchange ( DEX) feature, enabling users to interact directly with on-chain assets via an integrated self-custodial wallet. With the deployment of 1inch’s Swap API, Coinbase users can now execute non-custodial token swaps within the app—streamlining the trading experience while enhancing access to liquidity across DeFi markets.
“Our integration with 1inch is a significant step forward in bringing onchain trading to our users,” said Scott Shapiro, head of trading at Coinbase. “Together we’re enabling seamless access to DEXes within the Coinbase app, which will bring millions of our users onchain.”
The collaboration aligns with 1inch’s broader strategy to scale its Software as a Service (SaaS)-based 1inch business segment, which serves as a gateway for traditional and centralized financial institutions to adopt advanced DeFi infrastructure. As major players like Coinbase tap into 1inch’s technology stack, the aggregator is rapidly becoming a cornerstone for institutional-grade DeFi access.
“We are no longer just looking to unify DeFi, our vision extends to all financial markets,” said Sergej Kunz, co-founder of 1inch. “1inch’s non-custodial swap products are the ideal solution for centralized players across both crypto and TradFi as they move to bring assets on-chain in a seamless and secure way. It’s great to see Coinbase getting ahead of this shift, others will inevitably follow.”
This integration not only enhances the Coinbase user experience but also underscores the growing convergence between centralized platforms and decentralized protocols. As DeFi continues to mature, partnerships like this one are paving the way for a more inclusive, secure, and efficient financial ecosystem.
